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AI & Enterprise

LG CNS joins global AI materials alliance, backs AX for South Korean firms

LG CNS said on July 27 it was selected as a founding member of the AI Materials Foundry, a global materials development collaboration led by British AI startup CuspAI. The alliance includes 48 companies and research institutes including Nvidia, Meta, AMD, 3M and Merck. LG CNS will oversee the platform’s introduction and operations in South Korea, supporting data integration, result interpretation, and platform deployment and maintenance for firms developing new materials.

Crypto

MEXC supports Bittensor TAO staking for global users

Cryptocurrency exchange MEXC is supporting staking for Bittensor’s native token, TAO. Cointelegraph reported that the integration allows MEXC users to participate in securing the Bittensor network and receive rewards. The service connects Yuma’s validator infrastructure to MEXC, and Yuma said 40 million MEXC users can access TAO staking. The companies said the integration aims to broaden access to the Bittensor ecosystem and increase network participation.

Crypto

Swiss bank BancaStato launches regulated cryptocurrency trading service with Signum

Swiss cantonal bank BancaStato has launched a regulated service that lets customers buy, sell and hold four cryptocurrencies through its existing web and mobile banking app. The service links Signum’s trading and custody functions with the Avaloq banking system. The integration connects Signum’s API directly to the Avaloq platform, enabling crypto transactions through existing digital channels without a separate order management system and reducing operational complexity.